406 GLENGARRY AVENUE
Windsor, Ontario
MLS® X13065610
$499,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13065610
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- —
1 / 37Listing description
Turn-Key Front/Back Duplex Downtown. Exceptional investment opportunity on a corner lot!! This well-maintained front-back duplex offers two spacious units, each featuring two bedrooms across two levels, providing comfortable and functional living spaces for tenants or owner-occupants alike.
Both units come with full, owned appliances (nothing rented), and the property benefits from a recently updated roof, offering peace of mind and reduced maintenance costs for years to come. Each tenant is responsible for all their own utilities, keeping operating expenses low and predictable. The rear unit is currently rented at $1,700/month (FMV), while the front unit is rented at $1,000/month with pro-forma market rents estimated at $1,600/month.
For buyers looking to owner-occupy, it is possible to pursue vacant possession for personal use with N12 (buyer to verify requirements directly), live in the front unit, and enjoy strong market rents from the rear. Listed at an attractive 5. 8% CAP rate, this property stands out as one of the best value opportunities in the area-ideal for investors, partial owner-occupiers, and anyone seeking solid cashflow in an income-generating duplex.
Don't miss your chance to secure a strong cash-flowing property in a prime Windsor location!
Property summary
- MLS® number
- X13065610
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 25 x 80.4 FT
- Annual property taxes
- $1,215.00
- Parking
- 1 space · No Garage
- Days on market
- 124 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- None
- Appliances
- Water Heater
- Exterior features
- Vinyl siding
What would this home cost you?
Based on the $499,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROBIN HOOD REALTY LIMITED, Toronto.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.